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90.2% of drug wholesalers favor M&A

Published: 2004-09-14 06:59:00
Updated: 2004-09-14 06:59:00
The majority of drug wholesalers are desious of possible merger and acquisition to defuse cut-throat competition among 1,200 wholesalers across the nation, according to the recent survey.

The survey of 41 wholesalers in Seoul, which was conducted by Yoo Sung-ho in his thesis of a graduate school of foods and drugs in Choongang University, showed that 90.2 percent said they would prefer M&A.
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